Transmeta posted $5 million in revenues for Q3 2001, up from $3.5 million a year ago. The net loss for Q3 was $29.6 million (22 cents per share), which was a bit more than analysts' expectations, coming out at 16 cents per share loss. Hopefully for Transmeta–and those of us who like competition in the low-power chip arena– they can make a go of it with the new CEO. If nothing else, they've certainly made Intel and IBM aware of an ultra-low-power market. If you are looking for a company doing worse than Transmeta, you don't have to look to hard. Hynix lost $1.24 billion (!!) in Q3 2001. Hynix is the basically failed DRAM company that came out of Hyundai and LG Semiconductor. Hynix has been getting a lot of government-supported bail-out from Korea, mainly at the expense of other memory manufacturers around the world. Hynix can just keep producing money-losing product and get bailed out, just like Amtrak, as I said the other day. Hopefully Hynix will see the light and either merge with another DRAM producer or just shut down before they hurt the market anymore. The longer they hang around unnaturally, the more the other companies will be forced to consolidate or die off, and that could eventually lead to a scarcity of DRAM and very high prices when this is all over. Surely, Korea's economy will suffer when they eventually go under. They are postponing the inevitable and costing the world economy while they do it. There's some commentary on Hynix at The Inquirer and The Register.